adani wilmar share price: Adani, Wilmar are said to weigh selling $670 million stake in JV – The Economic Times The owners are exploring selling equal stakes that may total 13% in Mumbai-listed Adani Wilmar, said the people, asking not to be identified as the information is confidential. A sale that size would be valued at roughly $670 million as of Tuesday, and could take place as early as the coming months, the people said.
Looks like AWL has another 6 months to show 75% SH. Paring their stake (adani & wilmar) must needed now. Market is not happy with this overhang and also the fundamentals which is poor margins. Fortune and Kohinoor are the good brand but the OPM is less than 2%.
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